BBVA vs. ERIC
BBVA (Banco Bilbao Vizcaya Argentaria, S.A.) and ERIC (Telefonaktiebolaget LM Ericsson (publ)) are both stocks. BBVA operates in Banks - Diversified (Financial Services), while ERIC operates in Communication Equipment (Technology). Over the past 10 years, BBVA returned 22.47%/yr vs 5.46%/yr for ERIC. Their 0.39 correlation means their historical movements had little consistent relationship.
Performance
BBVA vs. ERIC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBVA achieves a 13.52% return, which is significantly higher than ERIC's 2.90% return. Over the past 10 years, BBVA has outperformed ERIC with an annualized return of 22.47%, while ERIC has yielded a comparatively lower 5.46% annualized return.
BBVA
- 1D
- -3.24%
- 1M
- 3.84%
- 6M
- 5.26%
- YTD
- 13.52%
- 1Y
- 72.34%
- 3Y*
- 56.07%
- 5Y*
- 40.61%
- 10Y*
- 22.47%
- ALL TIME*
- 9.97%
ERIC
- 1D
- -1.81%
- 1M
- -12.20%
- 6M
- -8.73%
- YTD
- 2.90%
- 1Y
- 37.28%
- 3Y*
- 29.52%
- 5Y*
- 0.45%
- 10Y*
- 5.46%
- ALL TIME*
- 4.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.38M | $29.24M | $34.47M | |
| $159.49M | $170.95M | $137.78M |
BBVA vs. ERIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 13.52% | 153.74% | 14.20% | 62.48% | 10.09% | 22.05% | -6.31% | 11.07% | -35.01% | 32.83% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 2.90% | 24.14% | 33.36% | 13.40% | -44.43% | -7.26% | 38.51% | 0.17% | 35.45% | 16.57% |
Correlation
The correlation between BBVA and ERIC is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 1989 | 0.39 |
The correlation between BBVA and ERIC shifts across timeframes, from 0.28 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BBVA:
$141.78B
ERIC:
$32.23B
BBVA:
€1.84
ERIC:
SEK 7.34
BBVA:
12.27
ERIC:
12.93
BBVA:
0.45
ERIC:
0.00
BBVA:
2.82
ERIC:
1.38
BBVA:
2.26
ERIC:
3.04
BBVA:
€47.06B
ERIC:
SEK 228.76B
BBVA:
€32.43B
ERIC:
SEK 110.10B
BBVA:
€18.16B
ERIC:
SEK 42.03B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBVA vs. ERIC — Risk / Return Rank
BBVA
ERIC
BBVA vs. ERIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and Telefonaktiebolaget LM Ericsson (publ) (ERIC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBVA | ERIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.23 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 1.16 | +2.12 |
| Martin ratioReturn relative to average drawdown | 8.64 | 4.09 | +4.55 |
Loading charts...
Drawdowns
BBVA vs. ERIC - Drawdown Comparison
The maximum BBVA drawdown since its inception was -78.31%, smaller than the maximum ERIC drawdown of -98.59%. Use the drawdown chart below to compare losses from any high point for BBVA and ERIC.
Loading charts...
Drawdown Indicators
| BBVA | ERIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.31% | -98.59% | +20.28% |
Max Drawdown (1Y)Largest decline over 1 year | -22.14% | -32.24% | +10.10% |
Max Drawdown (3Y)Largest decline over 3 years | -22.14% | -32.24% | +10.10% |
Max Drawdown (5Y)Largest decline over 5 years | -42.28% | -62.82% | +20.54% |
Max Drawdown (10Y)Largest decline over 10 years | -69.63% | -66.59% | -3.04% |
Current DrawdownCurrent decline from peak | -3.50% | -86.06% | +82.56% |
Average DrawdownAverage peak-to-trough decline | -28.99% | -67.82% | +38.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.40% | 9.14% | -0.74% |
Volatility
BBVA vs. ERIC - Volatility Comparison
The current volatility for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is 8.90%, while Telefonaktiebolaget LM Ericsson (publ) (ERIC) has a volatility of 17.47%. This indicates that BBVA experiences smaller price fluctuations and is considered to be less risky than ERIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBVA | ERIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 17.47% | -8.57% |
Volatility (6M)Calculated over the trailing 6-month period | 27.43% | 28.62% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.61% | 38.99% | -5.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.44% | 35.13% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.69% | 35.44% | +0.25% |
Dividends
BBVA vs. ERIC - Dividend Comparison
BBVA's dividend yield for the trailing twelve months is around 4.22%, more than ERIC's 3.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 4.22% | 3.51% | 7.71% | 5.51% | 6.29% | 2.79% | 3.50% | 5.23% | 5.75% | 5.17% | 6.02% | 4.29% |
ERIC Telefonaktiebolaget LM Ericsson (publ) | 3.20% | 3.04% | 3.22% | 4.07% | 4.22% | 2.15% | 1.36% | 1.24% | 1.42% | 1.67% | 5.14% | 5.30% |
Financials
BBVA vs. ERIC - Financials Comparison
This section allows you to compare key financial metrics between Banco Bilbao Vizcaya Argentaria, S.A. and Telefonaktiebolaget LM Ericsson (publ). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBVA vs. ERIC - Profitability Comparison
BBVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a gross profit of 8.83B and revenue of 10.65B. Therefore, the gross margin over that period was 82.9%.
ERIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Telefonaktiebolaget LM Ericsson (publ) reported a gross profit of 26.27B and revenue of 54.32B. Therefore, the gross margin over that period was 48.4%.
BBVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported an operating income of 4.72B and revenue of 10.65B, resulting in an operating margin of 44.3%.
ERIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Telefonaktiebolaget LM Ericsson (publ) reported an operating income of 6.69B and revenue of 54.32B, resulting in an operating margin of 12.3%.
BBVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Banco Bilbao Vizcaya Argentaria, S.A. reported a net income of 2.99B and revenue of 10.65B, resulting in a net margin of 28.1%.
ERIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Telefonaktiebolaget LM Ericsson (publ) reported a net income of 4.17B and revenue of 54.32B, resulting in a net margin of 7.7%.
Frequently Asked Questions
BBVA and ERIC have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERIC has higher volatility (17.47%) compared to BBVA (8.90%). In terms of maximum drawdown, BBVA dropped -78.31% vs ERIC's -98.59%.
BBVA currently has the higher Sharpe Ratio (2.17 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BBVA and ERIC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer